Fannie Mae Redemption 161

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17th March 2009, 02:30am - Views: 747





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Fannie Mae Redemption


WASHINGTON, March 16 /PRNewswire-AsiaNet/ --


    Fannie Mae (NYSE: FNM) will redeem the principal amount indicated for the

following securities issue on the redemption date indicated below at a redemption

price equal to 100 percent of the principal amount redeemed, plus accrued

interest thereon to the date of redemption:


    Principal    Security Interest                              Redemption

      Amount      Type      Rate    Maturity Date    CUSIP         Date

    $300,000,000   MTN     5.035%  March 26, 2018  31398APH9  March 26, 2009



    Fannie Mae exists to expand affordable housing and bring global capital

to local communities in order to serve the U.S. housing market. Fannie Mae

has a federal charter and operates in America's secondary mortgage market to

enhance the liquidity of the mortgage market by providing funds to mortgage

bankers and other lenders so that they may lend to home buyers. Our job is to

help those who house America.


    This press release does not constitute an offer to sell or the

solicitation of an offer to buy securities of Fannie Mae. Nothing in this

press release constitutes advice on the merits of buying or selling a

particular investment. Any investment decision as to any purchase of

securities referred to herein must be made solely on the basis of information

contained in Fannie Mae's applicable Offering Circular, and that no reliance

may be placed on the completeness or accuracy of the information contained in

this press release.


    You should not deal in securities unless you understand their nature and

the extent of your exposure to risk. You should be satisfied that they are

suitable for you in the light of your circumstances and financial position.

If you are in any doubt you should consult an appropriately qualified

financial advisor.


SOURCE Fannie Mae


    CONTACT: Latressa Cox of Fannie Mae, +1-202-752-6707

    (FNM)



Translations:

   Chinese - Traditional (http://asianetnews.net/Download.asp?ID=120955)





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